RSS

Friday, November 20, 2009

NIFTY FUTURE TRADING STRATERGY 20TH NOV09'


Remember ,Rising wedge to favour Bears.

-Negative Divergence on charts.

-101% Below 5048 ,Bears will have upperhand.

Today after breaking low of 4962 with volumes will take to 4944–4910 in panic.

-Suppose breaks 4910 level and trades below this level for 5-10 minutes then ???

-Nonstop panic upto 4806–4772 not ruled out.

-Now if not breaks 4910 level then ?

-Suppose kisses 4940 & takes U-turn then ??

-101% U will not be able to trade without Intraday levels.